| Indicator |
Value of Production in Agriculture |
| Definition |
Value of Production
at Constant 2018 Prices - refers to valuation of transactions, wherein the influence of price changes from the base year to the current year has been removed.
at Current Prices - is the value based on prices during the reference year; nominal year.
Source of Definitions: Metadata for National Agricultural Statistics of the Philippines |
| Method of Computation |
VPo=Qt x FGPo
where
VPo - Value of Production at constant prices
Qt - Volume of Production for the current period
FGPo - Farmgate prices at constant 2018 prices
VPt =Qt x FGPt
where
VPt - Value of Production at current prices
Qt - Volume of Production for the current period
FGPt - Farmgate prices at curent prices |
| Source of Basic Data |
Palay and Corn Production Survey, Crops Production Survey, Backyard Livestock and Poultry Survey, Commercial Livestock and Poultry Survey, Quarterly Municipal Fisheries Survey, Quarterly Comercial Fisheries Survey, Quarterly Aquaculture Survey, Farm Prices Survey |
| Source Document/Agency |
Philippine Statistics Authority (PSA) |
| Frequency of Release |
Annually |
| Latest Available |
2021 |
| Level of Disaggregation |
Regional |
| Remarks |
|
| Contacts |
Agricultural Accounts Division
Philippine Statistics Authority
16th Floor, Eton Cyberpod Centris 3, EDSA cor Quezon Ave., Barangay Pinyahan, Quezon City
Avenue, Quezon City, Philippines 1100
Tel. No.: (02) 8376-1954
E-mail: aad.staff@psa.gov.phh |
| Last Updated |
21 April 2021 |